Common use of Receipt of Collections Clause in Contracts

Receipt of Collections. Originator shall promptly remit to the applicable post office box related to the Lock-Box Accounts (or cause to be deposited directly to such Lock-Box Accounts) all Collections received by Originator.

Appears in 3 contracts

Sources: Purchase and Sale Agreement (Prosource Inc), Purchase and Contribution Agreement (Warren S D Co /Pa/), Purchase and Contribution Agreement (Vanstar Corp)